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TMCNet:  Whiting Petroleum Has Returned 13.1% Since SmarTrend Recommendation (WLL)

[December 31, 2012]

Whiting Petroleum Has Returned 13.1% Since SmarTrend Recommendation (WLL)

Dec 31, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Whiting Petroleum (NYSE:WLL) on September 24th, 2012 at $48.15. In approximately 3 months, Whiting Petroleum has returned 13.08% as of today's recent price of $41.85.
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Over the past year, Whiting Petroleum has traded in a range of $35.68 to $63.97 and is now at $41.82, 17% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 0.7%.

Whiting Petroleum Corporation is involved in oil and natural gas exploitation, acquisition, and exploration activities. The Company focuses on lower risk, long-lived oil and natural gas properties located primarily in the Gulf Coast/Permian Basin, Rocky Mountains, Michigan, and Mid-Continent regions of the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Whiting Petroleum.

Log in and add Whiting Petroleum (WLL) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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